Pattern_Study

Torrent Pharma - Looks to scale back

Long
NSE:TORNTPHARM   TORRENT PHARM
May be some news brewing or may be just the push for #NiftyPharma but torrent Pharma is all set to resume upwards journey with highly favourable risk reward ratio:
1. Closed above 23.6 percent fibo Retracement
2. RSI upturn from above 40 levels
3. Support line created for stop loss

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